Common use of Use of Posted Collateral Clause in Contracts

Use of Posted Collateral. The provisions of Paragraph 6(c) will apply to the parties; provided, however, that if a party or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a party, such party shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a party’s Custodian, such Custodian shall be the “Downgraded Custodian”), then:

Use of Posted Collateral. The provisions of Paragraph 6(c) will apply to the parties; provided, however, that if a party or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a party, such party shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a party’s Custodian, such Custodian shall be the “Downgraded Custodian”), then:

Use of Posted Collateral. The provisions of Paragraph 6(c) will apply to the parties; provided, however, that if a party or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (such party shall be the “Downgraded Party” and the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a party, such party shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a party’s Custodian, such Custodian shall be the “Downgraded Custodian”), then:

Use of Posted Collateral. The provisions of Paragraph 6(c) will apply to the parties; provided, however, that if a party or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (such party shall be the “Downgraded Party” and the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a party, such party shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a party’s Custodian, such Custodian shall be the “Downgraded Custodian”), then:

Use of Posted Collateral. (a) The provisions of Paragraph 6(c) will apply to the partiesParty A only; provided, however, that if a party Party A or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a partyParty A, such party Party A shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a partyParty A’s Custodian, such Custodian shall be the “Downgraded Custodian”), then:

Use of Posted Collateral. The provisions of Paragraph 6(c) will apply to the parties; provided, however, that if a party or its Custodian is not eligible to hold Posted Collateral pursuant to Paragraph 13(g)(i) (the event that caused it or its Custodian, if any, to be ineligible to hold Posted Collateral shall be a “Credit Rating Event”; if such Credit Rating Event occurs with respect to a party, such party shall be the “Downgraded Party”; and if such Credit Rating Event occurs with respect to a party’s Custodian, such Custodian shall be the “Downgraded Custodian”), then: